₦airaland Forum

Firebox123:
And you think nairaland will fall for your scams

The younger generation and the ease to insult. Smh. You will learn

AmgAmg:
Thanks again for your message. I just want to clarify a few things so we’re on the same page.

If you’re based in Lagos, then there’s still a possibility that we can work together. But for me to go ahead with any form of investment, two things are very important:
1. My lawyer must be involved …. from reviewing terms to preparing proper legal agreements. Everything has to be done with full documentation and transparency.
2. You have to be Lagos-based …. that’s non-negotiable for me. I don’t do long-distance business unless it’s with companies that are already well-established or properly regulated.

So, if these two conditions are in place, then when I am back from my Dubai vacation in about three to four months time, then we can set a date to meet in person. That meeting would be for us to go over the structure, operations, and day-to-day plan together with my lawyer and other professionals. I believe that’s the best way to move forward in a serious and well structured way.

Let me know your thoughts.

I am open to business. Why would i reject business offers ? I have an alternative idea. Lawyers need time to draft business agreements and crop farming is time sensitive, would not wait for agreements to be finalized. Why dont we do it this way. Why dont you debrief your lawyer about the inititative, then we use the three months of your break to prepare and review the documentation ahead of your arrival. Then when you arrive, we know its only putting pen to paper thats left ?

Investment is the new way to grow finances optimally. Consider this :


https://docs.google.com/document/d/1fmFkgcMuNi6quY4-LXwBsNpUEV5_K-wppiHJSOkN-hI/edit?usp=drivesdk


Come and partner. And lets hild hands and come kick start a journey to higher thresholds of finances. I am retiring next year.

Raregem9000:
Why would I want to taint your business? This is the first time I'll be mentioning you, so we don't even know each other. For me to have taken my time to go through it, that should tell I'm interested. Like I said earlier, pls ignore my response. One love!

You are projecting on my businesss which i do not want. You've been ignored since yday..please let me be

budaatum:
I announce this to ActiveFarms.

Hahahah. I have gone very cery far in the industry o. My level now is for government organizations to partner to produce foods on a large scale for soceity. I can effectively manage extremely big farms. Just that where is the corporate support in our country. Banks are asking me for 50 M per six months cash flow record to give me loan

More pics


These are large farms setup with 10-20-50M. Thats why i said earlier when you visit and see the productivity and seriousness around, you would almost mock me for having like the smallest farm around and be encouraged by the macro.productivity in the settlement. Also, saying to an investor come invest 1.5 M is not just about the money, but as a tool to say come discover a whole new goldmine you were not previously exposed to. That has the immense potential of blessing you in future...

In the sense that you are using the seed funds to discover thee profitability on larger investment and larger yields, to follow the process, learn from it and then be an earner through it in what can be a lifetime. Do not take the beginning phases of projects trivial please.


Farms are also not entirely to be unsupervised. You can setup once a month meeting, that is like five/six times the entire tenure once in a month say last weekend of each month. Rhis shiuldnt be too much time for a venture capitalist to invest to gain knowledge of what would bring enormous future benefits


A venture capitalist should be open to discovery. And about funds safety, my current production capacity has an estimated annual flow of 25-30M without new investments and thus figure gros exponentially as new partners invest in the project. This insures your investment seed. The guy in the image is a sharp guy from the forum that visited me yesterday


I am not forcing you. Whatever your decsion is,.please money is not easy to get. I am perfectly fine with your decision. Thanks

AmgAmg:
Good morning

Thank you so much for taking the time to explain everything to me and for answering all my questions. I really appreciate how patient and detailed you’ve been. Honestly, from the way you talk about farming, it’s clear this thing no be joke for you… you really love it, and you’re clearly putting in serious work.

I actually took time to go through your profile, check the active farms you posted, and scroll through your page. I won’t lie, I was impressed. Everything about your farming is there.. very organized, and you clearly know what you’re doing. I can even feel the passion from the way you present it. That’s a very good thing.

Now, let me just talk straight.. the only thing that’s making me a bit worried is the matter of trust. It’s not that I don’t want to trust you o, it’s just that this kind of business is very different from what I’m used to.

For example, someone once brought me a business idea about buying and selling lights. Even if I had put money there, I would still be involved.. I could look for suppliers, compare prices, and even handle things myself if wahala come. It’s like giving me money to buy toys.. I go to the market, pick what I want, and sell them. I dey control everything from start to finish.

But with this farming matter, it’s not the same at all. I no be farmer. I won’t be there to plant, to feed animals, or to check how things are going. Everything is in your hands. It’s like giving money to someone to buy toys for me, but I no fit follow them go market, I no dey see wetin dem dey do, I just dey pray say dem go come back with wetin dem promise.

That kind of setup feels risky to me. If everything goes well, that’s amazing… but if anything goes wrong, I won’t have the ability to step in or fix it. And worst-case scenario, if the person I trusted chose to take advantage of that trust… like Judas betraying Jesus
na that one dey worry me pass. If trust break for this kind thing, the loss fit pain well well.
And that would be a really hard hit for me emotionally and financially. In very way possible

Is not like I don’t want this partnership to work. I really do. But because I’d be putting my full trust in you and wouldn’t have any direct control, I just need to be 100% sure that you’re someone I can rely on completely.

You need to start to train yourself to work remotely in business. In the next future, remote farms will be the future. While i'm on my missionary adventures, i profram a schedule to be followed while i use Google earth, GIS, CCTV to do followup. You seem as though you're new to establishing businesses from your statement. Because qhen it comes to real business of recent times. It is rhe ability to be productive while absent. I will explain

A client of mine setup a one Billion Naira poultry in ogun state. I can take you there on a tour. The guy is in Europe, but invested trust and good will in its operations


Not forxing you though. But if you want to partner in people's businesses, you are not to seek to own and gain control of its day to day running but to review the risk management, operational protocols and these variables are the guiding factors that guide the biz executions. Dangote isnt in his factory to monitor day to day. Elon Musk too. The central idea is that systems are setup rhat guide amd dorect productivity. If we all do businesses that are only within our knowledge base or control, then we would also invariably be denying ourselves the prospects of disxovering opportunities rhat would be far bigger and better than ideas we function with. Here are some pics from farm visit yesterday

When the forum used to be sane

Raregem9000:
Thought you're looking for business partners. Nevermind, pls ignore. I apologize for that.

Smh. Pls stop trying to taint my business integrity. I'm here for only serious minded biz persons plz

Raregem9000:
I went through ur business plan but the last part of the doc where you said one should bring 25m and get more than 250m in 3 years sounds too good to be true for only maize farming sir, perhaps I misread that.

Smiles. In what capacity are you asking me this question please ?

AmgAmg:
Thanks again for your explanation.

But to be honest, the way you responded came off a bit defensive and confrontational

almost like you were taking it personal. I’m not trying to attack you or say you’re not legit…. I’m just being careful, as anybody would, especially when money is involved.

If we’re going to work together, I believe there should be room for open and respectable conversation. I’m simply raising genuine concerns so I can understand things better and make well informed decisions .

It’s not beef, it’s just how I operate


That being said, I have few more questions:

1. How long have you been running this farm business actively?
2. Do you have a registered business name or company for it?
3. Apart from this proposal, what kind of records or documents do you have to back up past performance? Like pictures,or harvest data?
4. Who else is on your team? Or are you running it solo?
5. What kind of risks have you faced so far … like weather, market, or pests …. and how do you usually handle those?
6. How do you plan to handle reporting or updates if someone comes on board with you? Weekly? Monthly?
7. And lastly, if we were to start small (like we discussed), how exactly would the 1.5M be used ?

1. How long have you been running this farm business actively?

Five years gathered experience. Launched last year


2. Do you have a registered business name or company for it?

Fully registered with CAC years ago


3. Apart from this proposal, what kind of records or documents do you have to back up past performance? Like pictures,or harvest data?


Harvest visuals.

Pictures and videos


https://www.nairaland.com/8198084/rate-farm-produce-guys


4. Who else is on your team? Or are you running it solo?

There are other persons on my team. Some have invested, others in final talking stages. This includes two Canadian Nigerians on the forum

5. What kind of risks have you faced so far … like weather, market, or pests …. and how do you usually handle those?

As a seasoned producer, i know the weather patterns, when to plant and when not to and the right seeds to suit each season. I have multiple standby markets that includes multi nationals that can buy as much as hundred of million naira worth of produce. Pests have pesticides, well within my knowledge ability.


Like i say to people, Crop agriculture is one of the only industries that can sustain up to 60% loss in event of unforeseen circumstances and still not run into loss..I know the internal maths well enough to boldly state thus.


6. How do you plan to handle reporting or updates if someone comes on board with you? Weekly? Monthly?

I have a WhatsApp group where video feeds are uploaded almost weekly.


7. And lastly, if we were to start small (like we discussed), how exactly would the 1.5M be used ?


Ofcourse, purchase of seeds, manure, payment for labour services, tractor operatoons payment




Be kind to reach me by mail


Creativoutfits ( without an "e" at the end of the vreativ ) @ gmail dot com

AmgAmg:
Thanks again for your explanation.

But to be honest, the way you responded came off a bit defensive and confrontational

almost like you were taking it personal. I’m not trying to attack you or say you’re not legit…. I’m just being careful, as anybody would, especially when money is involved.

If we’re going to work together, I believe there should be room for open and respectable conversation. I’m simply raising genuine concerns so I can understand things better and make well informed decisions .

It’s not beef, it’s just how I operate


That being said, I have few more questions:

1. How long have you been running this farm business actively?
2. Do you have a registered business name or company for it?
3. Apart from this proposal, what kind of records or documents do you have to back up past performance? Like pictures,or harvest data?
4. Who else is on your team? Or are you running it solo?
5. What kind of risks have you faced so far … like weather, market, or pests …. and how do you usually handle those?
6. How do you plan to handle reporting or updates if someone comes on board with you? Weekly? Monthly?
7. And lastly, if we were to start small (like we discussed), how exactly would the 1.5M be used ?

I apologize

Business is both personal and competitive in nature. I do not want to expose all my biz secrets to the public. I am open to providing answers to you privately.


I have others onboard and haveva WhatsApp group where different people are added. I have two diasporans. Can we discuss provately by email ? I don't want to throw all ky business secrets public

A tractor doesnt sit down idle nine months of the year. Tractors can be used round the year even in very dry seasons if there is water source for irrigation purchases. I.e if a water tanker supplies water and wets the ground, a tractor will still work. Asides personal farm use, tractor can be used for rentage. In dry season, tractors can be primed with tractor bucket to carry wood for charcoal production.

From March, tractors can work, April, May , June. August, Sept, October. This is a whooping seven months of usage during the wet season



Tractors are not only used for ploughing the ground. Tractors are efficent in planting seeds. In spraying chemicals. For large scale farms when human strength would fail, tractors are the way to go, for speed, efficency and effectiveness

Manjapa:
What business can I do with 3million naira please.
Any profutable business?

Come and partner in my organization


Please review

https://docs.google.com/document/d/1fmFkgcMuNi6quY4-LXwBsNpUEV5_K-wppiHJSOkN-hI/edit?usp=drivesdk

The proposal means FARM A generates 40 M per annum and the funds will be used for the upper year's production. Then it has a FARM B proposition to generate an extra 40 M which is what is projected to be used for tractor purchase while FARM A revenue will be used for subsequent productions Sir.


When you visit my farm location, it is a 7,000 acres farm settlement. You will see so many corporate farms, set up with 10,20,30,50,100 M etc. The environment alone will let you see its not a joking community.

Now, if in 2027, i want to execute lets say 1000 acres charged at 30k per acre if one hires a tractor, that is 1000 x 30,000 = 30M, does it not make sense for me to want to pwn a brand new tractor at 40M that would have a servixe span of 40+ years ?


The tractor purchase is no at the stating cost why qould i use my entire first year earnings for hardware purchase. I am renting for the first years. That tractor purchase is if the first year goes fully optimized or i push to second year. Its just a structural plan towards where i am headed

AmgAmg:
Thanks for your quick and detailed reply. But I also want to mention something that raised concerns for me when I went through your proposal a couple of weeks ago …. “ the idea of buying a tractor for ₦40 million”.

Like I mean, that was big red flag ….


no seasoned farmer working with limited expansion capital goes straight to buying a tractor. Most people lease or outsource mechanized work to keep costs down and stay flexible. not throwing money at big equipment that may sit idle 9 months of the year.

Sir, go bakc to the proposal and re-read it more patiently. That proposal was initially made for 40-80 M yearly output. Then seeking another funds to raise another 40-80 M.on the site solely for tractor purchase

Listen to the facts and dont find reasons to say red.flags i caught a thief. Go and review the execution plan more patiently.

AmgAmg:
Thanks for taking the time to share your proposal in detail. I’ve gone through it carefully, and while I appreciate your vision and ambition, I need to be 100% honest with you:

₦25 million is just too much of a commitment for me. That’s actually part of the reason I didn’t respond in the first place.. in-fact, How do you expect me to put money into something that’s just based on words… I mean purely talk … “I’ll do this, I’ll do that” — without anything concrete on ground. feels too risky, bro.

If there’s room to start with something much smaller …. Let say ₦1 million or less, strictly as a trial … then I’d be more open to having that conversation. But even that would need to be backed with some proper structure, timelines, and the right documentation put in place

By the way, where are you based? I live in Lagos,I’ve never been anywhere outside the states for business. Part of why I’m asking where you’re located is because I prefer to deal with things I can see, visit, or monitor when need be… I hope you understand my skepticism… it’s nothing personal, that’s just how I operate.

Let me know what you think.

Accepted. Can we start with 1.5 M while you follow the process from start till finish? I am a lagos based. But Lagos doesn't have vast lands for agriculture.

About having nothing concrete to show. This is wrong. I have visuals of my last year's production. I am awaiting rain to resume and commence this year's production as i write thus very moment. So, i am not a rookie in this industry Sir. We can start somewhere together. When you see my performance, you will come back to ask for more.

I have business documentation that will certify pact of doing business together already. When we discuss privately, i will share it and upon review, we can refine it to become as so desired.


Since you are to know the site of business operations, it is better for you to visit me. Abeokuta isn't a village and if i drop you the Geo location, you can easily use Google to drive to me Sir.


Let me know what you think Sir ?

Clint02:
So I'm not alone.

So many men are virgin in Nigeria well into 35+ but do not say it publicly. Go and relax yourself

There are virgins at 30+. Alot. Relax yourself

Make una think sharp plz n stop distributing ignorance

Lets assume it sells for One M. Is One Mil collateral too small for a loan of 300k ? If at all the op chooses to want to stylishly sell, if a new product costs One Mil, would d resell value fall below 400k

To you and the fellow illiterates littering the thread. MacBooks depending on variation sells up to over a Mil per unit. I do not know the exactly one the Op has for sale.